*Based on aggregate results from our customers. Actual results vary based on constraints, and business objectives.
Retention is a difficult problem to solve and most life insurers face similar challenges in transforming their approach.
Often, due to conflicting pressures or a lack of prioritization, retention is not treated as a company-wide issue demanding a holistic approach. This results in a lack of meaningful insights to draw from.
Retention related data is then siloed and not used to full advantage in the decision making process. This leads to a limited understanding of the key interventions that will make a meaningful difference to retention performance.
Using Montoux, life insurers perform much more detailed analysis of their retention approach with a more complete combination of data sources. The result is meaningful insights that drive evidence-based retention strategies. Some of the most common use cases for our retention product are:
With Montoux, insurers gain a holistic, evidence-based view of retention, developing retention strategies that actually work.